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0.00168453292496171 0.000612557427258901 0.000303215926493164 0.00107197549770302 0.00490045941807056 0.00183767228177649 0.0012251148545178 -0.00214395099540583
Stock impact report

CNBC's Inside India newsletter: The secret of the stock market rally [MSNBC.com]

Federated Hermes, Inc. (FHI) 
Last federated hermes, inc. earnings: 4/30 04:17 pm Check Earnings Report
Company Research Source: MSNBC.com
This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribehere.A man counts Indian rupee banknotes for a photograph near the Bombay Stock Exchange (BSE) building in Mumbai, India.Dhiraj Singh | Bloomberg | Getty ImagesSquirreling away a portion of one's income for a rainy day would typically be considered prudent behavior. Yet, in India, it's helping make stocks overvalued.Systematic Investment Plans (SIPs) were introduced to help investors periodically put aside money in a disciplined manner. SIPs deduct cash every month from an investor's bank account and invest the proceeds into selected mutual funds.Strong and persistent marketing of the program over the past decade has meant that 90% of all contributions into domestic equity mutual funds last year were through SIPs. Contributions also hit a record hig Show less Read more
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